Nordic Semiconductor ASA (OSL:NOD) LT-Debt-to-Total-Asset : 0.17 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Nordic Semiconductor ASA LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Nordic Semiconductor ASA's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.17.

Nordic Semiconductor ASA's long-term debt to total assets ratio increased from Mar. 2023 (0.02) to Mar. 2024 (0.17). It may suggest that Nordic Semiconductor ASA is progressively becoming more dependent on debt to grow their business.

Nordic Semiconductor ASA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nordic Semiconductor ASA's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nordic Semiconductor ASA LT-Debt-to-Total-Asset Chart

Nordic Semiconductor ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.06

0.04

0.02

0.17

Nordic Semiconductor ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.03	0.03	0.17	0.17

Nordic Semiconductor ASA LT-Debt-to-Total-Asset Calculation

Nordic Semiconductor ASA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1533.408	/	9096.167
	=	0.17

Nordic Semiconductor ASA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1489.164	/	8703.174
	=	0.17

Nordic Semiconductor ASA (OSL:NOD) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Nordic Semiconductor ASA LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Nordic Semiconductor ASA's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Nordic Semiconductor ASA (OSL:NOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nordic Semiconductor ASA (OSL:NOD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NRSDY:USA NDCVF:USA NODO:Sweden 0FF9:UK N0S:Germany

Address

Otto Nielsens veg 12, Trondheim, NOR, 7052

Website

https://www.nordicsemi.com

Nordic Semiconductor has a leading market share in the design of Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, thread protocol, and long-range connectivity. In 2022 Nordic generated almost $800 million in revenue.

Nordic Semiconductor ASA (OSL:NOD) Headlines

No Headlines